Classical Preparatory VPK

Analysis

Classical Preparatory VPK is a registered charity in United States, based in Spring Hill, FL. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Classical Preparatory VPK reported income of $1.3m and spending of $783k, leaving 41% of income unspent that year. Across the 4 years on record, from December 2019 to June 2023, income grew from $609k to $1.3m (+119%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Classical Preparatory VPK sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Doman International Institute ($1.3m), Compass Collegiate Academy ($1.3m) and City School Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $400k. At year end it held assets of $935k against liabilities of $0, net assets of $935k.